10 billionaires in Gulf Indians rich list: Survey

The Gulf Cooperation Council (GCC) countries have 10 Indian billionaires, according to a new survey. According to the first GCC Indian Rich List published by financial weekly magazine Arabian Business, Landmark Group founder Micky Jagtiani — who once worked as a London cab driver — topped the list with an estimated wealth of $4.5 billion. Jagtiani was ahead of food magnate Feroz Allana at $4.3 billion, with legendary Dubai-based investor Ragu Kataria placed third on $2.5 billion. The top five included EMKE Group’s Yussuf Ali at $2.2 billion and B R Shetty at $1.9 billion. The highest ranked woman on the list was Jumbo Electronics boss Vidya Chhabria, at eighth place, with wealth of $1.4 billion.